- At Home Group (NYSE:HOME) rallies 23.2% after Q4 results top estimates by a wide margin.
- Gross margin increased 150 basis points to 33.8% of sales after store occupancy costs were leveraged lower. SG&A expenses came in at 18.7% of sales vs. 18.1% a year ago as higher advertising costs factored in.
- Seeking Alpha Pro author Michael Rogus called At Home his "single best stock idea" last June when it was trading around $22.50.
- Previously: At Home Group beats by $0.15, beats on revenue (March 22)